ringcentral securely delivers quality voice, fax, text and conferencing for businesses, regardless of size, locations, devices, or budget. easier to manage and more flexible than on-premise phone systems, our cloud communications solution adapts to the unique needs of each business, integrates with other cloud applications, and eliminates phone system hardware. since 2003, we've invested in our own custom cloud computing platform that delivers the reliability your mission-critical business communication demands. we’re not a phone company; we’re a cloud business-solution provider. we've thrown out the old pbx along with its rigid rules and eliminated the complexity and unnecessary expense of managing your business communications the old way. buy, set up, access, and control your entire ringcentral service online, or on a mobile device. under the hood is our state-of-the-art custom architecture, built on and taking full advantage of the inherent flexibility and scalability of the c
Company profile
Ticker
RNG
Exchange
Website
CEO
Vladimir Shmunis
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
RingCentral Inc
SEC CIK
Corporate docs
Subsidiaries
RingCentral International, Inc. • RCLEC, Inc. • RCVA, Inc. • Connect First, Inc. • RingCentral Florida, LLC • RingCentral Canada Inc. • RingCentral Brasil Soluções em TI LTDA • RingCentral UK LTD • RingCentral CH GmbH • RingCentral B.V. ...
RNG stock data
Latest filings (excl ownership)
8-K
Other Events
1 Mar 24
424B7
Prospectus with selling stockholder info
28 Feb 24
S-3ASR
Automatic shelf registration
22 Feb 24
S-8
Registration of securities for employees
22 Feb 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
RingCentral Announces Fourth Quarter and Fiscal Year 2023 Results
20 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
3 Jan 24
ARS
2022 FY
Annual report to shareholders
11 Dec 23
DEF 14A
Definitive proxy
11 Dec 23
8-K
RingCentral Announces Return of Vlad Shmunis as CEO
11 Dec 23
Transcripts
RNG
Earnings call transcript
2023 Q4
20 Feb 24
RNG
Earnings call transcript
2023 Q3
6 Nov 23
RNG
Earnings call transcript
2023 Q2
7 Aug 23
RNG
Earnings call transcript
2023 Q1
9 May 23
RNG
Earnings call transcript
2022 Q4
15 Feb 23
RNG
Earnings call transcript
2022 Q3
10 Nov 22
RNG
Earnings call transcript
2022 Q2
2 Aug 22
RNG
Earnings call transcript
2022 Q1
10 May 22
RNG
Earnings call transcript
2021 Q4
23 Feb 22
RNG
Earnings call transcript
2021 Q3
10 Nov 21
Latest ownership filings
4
Vaibhav Agarwal
3 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
4
Vaibhav Agarwal
15 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
4
KENNETH A GOLDMAN
8 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
4/A
PRAT BHATT
4 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 432.35 mm | 432.35 mm | 432.35 mm | 432.35 mm | 432.35 mm | 432.35 mm |
Cash burn (monthly) | (no burn) | (no burn) | 18.06 mm | 36.30 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 120.90 mm | 243.05 mm | n/a | n/a |
Cash remaining | n/a | n/a | 311.45 mm | 189.31 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 17.2 | 5.2 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 256 |
Opened positions | 34 |
Closed positions | 62 |
Increased positions | 88 |
Reduced positions | 95 |
13F shares | Current |
---|---|
Total value | 2.59 tn |
Total shares | 91.25 mm |
Total puts | 1.70 mm |
Total calls | 2.39 mm |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Capital World Investors | 12.08 mm | $357.80 bn |
Vanguard | 9.99 mm | $295.97 bn |
Sylebra Capital | 8.18 mm | $242.46 bn |
Sylebra Capital | 8.18 mm | $242.46 bn |
BLK Blackrock | 5.53 mm | $163.82 bn |
Pictet Asset Management Holding | 5.52 mm | $163.52 bn |
Alkeon Capital Management | 3.54 mm | $104.92 bn |
Vladimir Shmunis | 3.47 mm | $0.00 |
FMR | 2.95 mm | $87.31 bn |
AMP Ameriprise Financial | 2.72 mm | $80.49 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Agarwal Vaibhav | Class A Common Stock | Sell | Dispose S | No | Yes | 34.546 | 1,984 | 68.54 k | 114,656 |
15 Mar 24 | Agarwal Vaibhav | Class A Common Stock | Sell | Dispose S | No | Yes | 34.837 | 14,113 | 491.65 k | 116,640 |
8 Mar 24 | Goldman Kenneth A | Class A Common Stock | Sell | Dispose S | No | Yes | 36.056 | 1,286 | 46.37 k | 22,402 |
7 Mar 24 | Goldman Kenneth A | Class A Common Stock | Sell | Dispose S | No | Yes | 35.088 | 587 | 20.60 k | 23,688 |
7 Mar 24 | Goldman Kenneth A | Class A Common Stock | Sell | Dispose S | No | Yes | 34.485 | 400 | 13.79 k | 24,275 |
7 Mar 24 | Goldman Kenneth A | Class A Common Stock | Sell | Dispose S | No | Yes | 33.223 | 300 | 9.97 k | 24,675 |
1 Mar 24 | Bhatt Prat | Class A Common Stock | Grant | Acquire A | No | No | 0 | 0 | 0.00 | 0 |
News
RingCentral Analysts Slash Their Forecasts After Q4 Results
21 Feb 24
Keybanc Maintains Overweight on RingCentral, Lowers Price Target to $48
21 Feb 24
Piper Sandler Maintains Neutral Rating for RingCentral: Here's What You Need To Know
21 Feb 24
Wedbush Reiterates Neutral on RingCentral, Maintains $40 Price Target
21 Feb 24
Wall Street Waits With Bated Breath For Nvidia Earnings After Tech Selloff, Fed Minutes Eyed: Analyst Flags This As Biggest Risk For Market
21 Feb 24
Press releases
RingCentral Announces Date of First Quarter 2024 Financial Results Conference Call
17 Apr 24
RingCentral Named an Official Enterprise Cloud Communications Partner of the San Francisco Giants
11 Apr 24
Brightspeed Launches Brightspeed Voice+ with RingCentral for Enterprise Customers
2 Apr 24
RingCentral Expands Global Footprint and Drives Adoption Momentum of RingCX, AI-Powered Contact Center
26 Mar 24
RingCentral Reimagines the Business Phone System with Real-Time AI
25 Mar 24